The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-08-06
MONEY. BONDS AND STOCKS.

Increased Strength I'm All Active Stocks, Ac
comloanied by Higher Prices.
NEW YORK., Aug. 5.-Money call was easy
at405 per cent, the last loan being made at Al,
closing offered at 3.
Prime mercantile paper, 81 06 per cent
Sterling exchange was quiet, but steady and
unchanged.
Tine total sales of stocks to-day were 315, o3l
shares, including the following: delaware,
Lackawanna g. Western, 1908; Erie. 6,255;
Kansas e. Texas, 1885, Lake Shore, 14.400;
Louisville & Nashville. 1900; Missouri Pacific,
1855; Northwestern, 8, 36O; New Jersey Central.
$500; Northern Pacific. $3.50; Northern Pa
ci6c preferred, 6, 769; Oregon Transcontlnental,
7.1lO; St Paul, 42,710; ST. Paul Omaha,
1926; Unien Pacific, Clio; Western Union,
o. 9O5
The stock market a little less uctive but
stronger to-day, the upward movement meet
ing with little interruption through
out the day. and while the open
ing figures are generally the lowest
the final prices are about the highest. There
was some feverishness early In the
day, but this soon disappeared, the IN
fuences being almost entirely favorable to
higher figures. Reports were circulated that
the cable difficulties would be shortly adjusted.
and that the complications arising from the
failure of the negotiations of the Ives syndicate
would be removed. LONDON was again buyer
and the covering Of shorts" continued, the in
dications pointing to a noted bear operator as
a heavy purchaser. All the active stocks were
strong, and material advances were made all
along the line, some of the specialtes being par
ticularly conspicuous for gains made. The only
weak spot was the Northern Pacific stocks.
which in consequence OF lack OF demand the
books closing to-morrowl, were raided by the
traders with some success, though they
closed strong with the remainder OF the
list The opening was fairly steady at insienlf-
cant changes from last nights figures. and bust
ness was quiet except for three or four stocks.
The market was quite feverish but strong. and
under the lead of New England advanced moder-
ately during the first hour. Toward noon, now
ever the raid upon Northern Pacific caused
some recession in the general list. and in the
afternoon extreme dizziness and stagnation was
the rule Before the last hour set in, however,
the coaers began TO show siren 9Th, and tie en-
tire list Joined in the movement. the close being
active and strong at the best prices of the day
Everything is up tonight except Northern Pa
cifc which lost /. but Omaha and Jersey Cen
trail rose 81; Reading and New England.
2: ST. Paul. TX; Canada Southern. Northwest
e. Western, and Transcontinental, IL; Lake
Shore, Lnckawanns and Chicago, ST. Louis &
Pittsburg preferred, Ia Western Union and
Richmond & West Point, u; Texas Pacific
Terminal and Pacific Mail, l per
Railroad bonds were dull and irregular. being
generally heavy in the forenoon. but stronger in
Ehe latter part of the day; sales. 1896 OOO Clos
Ing prices are somewhat irregular, but generally
higher, though few declines were established
Denver e. Rio Grauce rose 2. to II; Galveston,
harrisburg e. San Antonio Western division sec
bnds 2k to 93s; PEORIA Decatur e. Evansville
Seconds, 3, to 50; New York Central registered
aebentures. 2. to ITO; ST. Joe & Grand Island
hrste, 2, to 102.
Government bonds dull but firm.
State bonds dull and steady. Closing quota
hons were: